Remove 2024 Remove Buyers Remove Home Value Remove Inventory
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DataDigest: How and where homebuilders are closing deals

Housing Wire

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. 2019 level.

Inventory 444
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How the housing market will evolve in 2023

Housing Wire

It will take all of this year and into 2024 for it to come back down to the Fed’s target. Inventory What does that mean for housing? We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022.

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Think US home prices are high? At least we aren’t Canada

Housing Wire

This was my best attempt to convince the housing bubble boys that what they believed in is more fabrication than reality before the years 2020-2024. It’s now evident that housing did not collapse and in fact home prices are savagely unhealthy. housing market is more tied to mortgage buyers. In addition, the U.S.

Buyers 530
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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

While the central bank did not completely rule out the possibility of a rate increase in 2024, that action seems unlikely. by the end of 2024, suggesting three 25 basis points (bps) cuts from current levels. These cuts will allow mortgage rates to fall faster throughout 2024. in 2025, indicating four more 25 bps cuts. “The

Inventory 466
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The Current State of The Homebuilding Industry

Eppraisal

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Where Have We Been? Where Do We Stand Now?

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Q1 2023 Texas Real Estate Market update – Real Estate Real Fast EP17

Listing Spark

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

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January 2024 Maine Housing Report

Lamacchia Realty

JANUARY 2024 MAINE housing report MAINE Home Sales Down, Average Price Up Home sales are down 3.6% year over year, with January 2024 at 904 compared to 938 last January. 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 56